The Bearish Engulfing candlestick pattern is a pattern that indicates a recession. It means that the bullish phase in the stock has ended and a recession may have begun, meaning that there is a high possibility of the stock price falling now.
Like the Bullish Engulfing pattern, this pattern is made up of two candlesticks. The first candle is a small bullish candle, which can also be called a small bullish candle. It is green in color. The second candle is a long bearish candle, which is red in color. It is called a bearish candle.
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